The rental of the East Kowloon Commercial Building continued
The news indicated that the Kwun Tong International Trade Centre (ITT) recorded a lease transaction involving a mid- to high-rise unit with an area of about 13,000 square feet and leased at about $35 per square foot. , is an ideal level.
the new tenant is the surveyor of CB
The bank currently rents office buildings in Central and Tsim Sha Tsui. It is expected to be the new lease of Kwun Tong. It will be re-housing the Tung Wai Tsui Building in Tsim Sha Tsui. In terms of yuan, relocation can save a certain amount of rental expenses.
Formerly known as the Mapletree Center, the International Trade Center was funded by the Singapore Fund’s Fengshu Industry in the early years. It provided 569,000 square feet of floor space. The project was acquired last year and the rental situation was ideal. It was leased by HSBC. At the beginning of this year, the fund Taigang Investment (PAG) purchased nearly 90 million yuan from the Fengshu Fund to make a long-term rent collection. The building is now known as the International Trade Center.
Central Bank of America Central Bank price reduction of 35% for rent
In addition, Lin Zehao, the marketing manager of the Central Plains (Industrial and Commercial) office building department, said that Room 07, 35th Floor, Bank of America Center, Central, has an area of about 1,023 square feet, and the intention to rent about 75 yuan, involving a monthly rent of about 76,000 yuan. The unit is equipped with basic office building renovations and is expected to have partial sea views.
Lin said that the owners saw the recent changes in market conditions and actively lowered the monthly rent. It is known that the original asking price of the landlord was about 117 yuan per trip. The latest price reduction was made at the end of August due to market conditions, which was reduced by about 35% from the initial asking price.